One Possible Explanation of the Higher Unemployment Rate in Canada

question 45

Multiple Choice

One possible explanation of the higher unemployment rate in Canada relative to the United States before the 2008-2009 recession is

• A) less generous unemployment benefits in Canada.
• B) more generous unemployment benefits in Canada.
• C) U.S. government policy was more effective in managing business cycles.
• D) a larger population in the United States.
• E) more job training programs in Canada.

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Definitions:

Weighted Point Evaluation System

A decision-making tool that helps businesses evaluate various choices based on a series of criteria, each of which is assigned a different weight based on its importance.

Criteria For Evaluation

The standards or benchmarks used to assess or judge the quality, value, or suitability of something.

Negotiate

The process of discussing terms and conditions between two or more parties with the goal of reaching a mutually acceptable agreement.

Early Supplier Involvement

A strategy where suppliers are engaged in the product design and development process at an early stage to leverage their expertise and innovation.